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Relatively High Projected Earnings Growth Detected in Shares of Credicorp in the Diversified Banks Industry (BAP, C, BAC, BLX, USB)

By James Quinn

Below are the three companies in the Diversified Banks industry with the highest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Credicorp ranks highest with a projected earnings growth of 24.5%. Following is Citigroup with a projected earnings growth of 20.4%. Bank of America ranks third highest with a projected earnings growth of 9.3%.

Banco Latinoamericano de Exportaciones follows with a projected earnings growth of 6.0%, and US Bancorp rounds out the top five with a projected earnings growth of 3.5%.

SmarTrend recommended that subscribers consider buying shares of Credicorp on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $97.30. Since that recommendation, shares of Credicorp have risen 66.6%. We continue to monitor Credicorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest projected earnings growth credicorp Citigroup Bank of america banco latinoamericano de exportaciones us bancorp

Ticker(s): BAP C BAC BLX USB